SNPS Q3 2023 Earnings — Synopsys, Inc. Revenue & Financial Results | Market Cap Arena

SNPSSynopsys, Inc.

$84B

Q3 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$1.4B+8.5% YoY

Gross Profit

$1.1B80.8% margin

Operating Income

$300M22.2% margin

Net Income

$336M24.8% margin

EPS (Diluted)

$2.17

QoQ Revenue Growth

+7.3%

Cash Flow

Operating Cash Flow

$560M

Free Cash Flow

$513M

Stock-Based Comp.

$144M

Balance Sheet

Total Assets

$9.9B

Total Liabilities

$3.9B

Stockholders' Equity

$6.0B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.2B	+8.5%
Gross Profit	$1.1B	$977M	+12.0%
Operating Income	$300M	$234M	+28.3%
Net Income	$336M	$223M	+51.0%

Revenue Segments

Product

$1.2B45%

License and Maintenance

$923M34%

License

$298M11%

Technology Service

$266M10%

Geographic Segments

UNITED STATES

$640M43%

CHINA

$304M20%

Other Countries

$234M16%

KOREA, REPUBLIC OF

$164M11%

Europe

$146M10%